Amazon.com and Wal-Mart

By Stephanie

Detroit Legal News

prev

next

Dear Mr. Berko:I bought 100 shares of Amazon.com Inc. in 2009 at $53 and still own it. My broker thinks I should buy another 100 shares and suggested that I use my fully paid-for shares as margin to purchase another 100 shares. I think that e-commerce is a fantastic business and that Amazon is the best. But I would appreciate your opinion. WP, Joliet, Ill.